What is Power of Attorney (POA)?

• A POA is a document that allows a broker to debit shares from the demat account and deliver them to the exchange.

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• Jainam is no longer collecting POA from clients, as it has been replaced by Demat Debit and Pledge Instruction (DDPI - PDF) from 19th November 2022. 

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• Nothing changes for the clients who have already submitted a POA.

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